NZDCHF 4H Divergence + Channel Resistance
This pair has been rejected by this channel resistance (blue line) 3 times since December 2015.
I'll be watching for that to happen again and entering a short upon a breach of my short term trend support (lime green line) along with a breach of my 50% fib similar to the tentative position shown with a stop loss just above the channel resistance and a TP at the channel support (red line)
I'll be watching for that to happen again and entering a short upon a breach of my short term trend support (lime green line) along with a breach of my 50% fib similar to the tentative position shown with a stop loss just above the channel resistance and a TP at the channel support (red line)
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